A Global Early Payments Network for SMEs
URICA was born out of deep frustration by the banks’ lack of financial innovation for SMEs.
URICA rewrites the rules by providing SMEs with early cash payment of their invoices without any need for debt, security or personal guarantees. At the same time it provides their customers with a strengthened supply chain and an opportunity for extended credit.
It’s not invoice discounting because that’s just debt by another name.
Financed by the government via the British Business Bank and RSA, URICA was developed by business people for business people.
URICA is business on better terms.
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